by Nemanja MilosevicAFFAIRS IN NORTHERN SERBIA NM LAW OFFICE.
The most important law office in the Republic of Serbia and it’s sector of domestic industry, domestic production and domestic trade, with its representatives visited and was a guest of the most important companies in the North Banat District.
You can also get more information about the Foreign Trade Department attorney NM law office by calling the phone numbers 00 381 063 247 244 and 00381 11 3112 560.
With Kikinda partners NM law office lawyers made sure that the plants visited together work smoothly and in the best operating conditions, respecting all applicable legal regulations, and that safety measures at work are raised to the highest possible level.
For NM lawyers, top tier law firm, public relations service.
by Nemanja MilosevicThe NM law office hiring trainee lawyer in accordance with the needs of the job.
This time NM law office is hiring a full-time trainee lawyer.
Prerequisites: graduated from the Faculty of Law, high grade point average, the highest level of knowledge of written and spoken English, excellent computer skills with motivation and desire to progress and achieve the highest results.
We offer work in a stimulating work environment, training, development, challenging work, adequate financial compensation and the best working conditions.
Note: only shortlisted candidates will be contacted.
You can send your CVs to: www.nmadvokati.com/career or directly via email: nemanja.milosevic@nmadvokati.com.
Deadline for job applications is 15.05.2020.
Your NM law office.
Jobs as a trainee lawyer in May 2020. Job Listings NM law office.
by Nemanja MilosevicEMPLOYEE RIGHTS IN THE STATE OF EMERGENCY, NM LAW OFFICE.
During a state of emergency, there are a number of issues that arise among employees: termination of employment contract, dismissal of an employer, dismissal by a company which are crucial for employees and their jobs. Employees are in a situation to take care of their labor rights as well as their work duties in accordance with the law. In situations such as the right to remuneration in the event of termination and impairment of work with the employer.
According to the Labor Law, an employee has the right to receive remuneration in accordance with the contract concluded with the employer. The definition of the labor law states that during a work stoppage, the reduction in the amount of work done by an employer without fault of the employee must be paid at least 60% of the average wage and may not be less than the minimum wage.
The termination of work interruption or reduced workload may not exceed 45 (forty-five) working days within one year. Of course, it is necessary that the Decision on termination of work or reduced volume of work is made by the employer.
The employer makes a decision that is handed over to the employee.
During this time, all employees of that employer are entitled to 60% of their average salary over the previous 12 months. A longer termination of work a reduction in the volume of work, can be obtained by the employer only with the consent of the Minister.
In this case, when the employer sends the employee leave for more than 45 working days, the employee is entitled to 60% of the wage compensation. Employee rights, rights of workers in the situation that the employer has to terminate work due to a decision of a state body. In this case, the employee has the right to receive compensation. It is important to note that he is still employed and has his rights as an insured person. Payment of compensation is determined by a general act with the employer and an employment contract that the employee has.
For more information send us message.
by Nemanja MilosevicMOMENTUM NM LAW OFFICE-THE MATERIAL ADVERSE CHANGE (MAC) CLAUSE.
The Material Adverse Change (MAC) clause (important Purchase Price Adjustment, Break up fees and Reverse Termination Fees, too) would be the last resort for a buyer if unexpected circumstances arise that significantly change or reduce the value of a target company, assets, or business in the period since the signing. We saw similar situations which included million break-up fee that seller would owe buyer if it changed its mind prior to the closing date.
Is it possible in current circumstances in April 2020, that we qualify as a MAC under an M&A agreement as situation where the buyer have opportunity to withdraw from the transaction? What constitutes a material adverse change MAC (or a Material Adverse Effect –MAE) is not always, so clear. According to courts litigating MAC claims focus on whether there is substantial threat to overall earnings potential relative to past performance, not future.
The MAC/MAE clause is, as a rule, carefully negotiated and thoroughly defined by the parties.
Apart from the particular MAC clause, an important role in decision-making will be attributed to the rules of the governing law, as set forth in individual M&A agreements.
Both parties is always to close the deal because they have already invested time, financial, organisational and other resources. In order to skip long-therm and very expensive court or arbitration proceedings, the parties could always rich and agree on a acceptable commercial solution for both sides.
NM Law Office encourage all parties to try to find and negotiate these solutions, in order to preserve the deals and ensure that the everything goes well on.
For NM Law Office Public Relation Department, April 2020.
by Nemanja MilosevicSERBIAN ECONOMY, WHAT’S NEXT? NM LAW OFFICE.
Trade, import, measures, civil rights during a state of emergency.
A large number of questions have arisen regarding the business of legal entities as well as individual issues, during the past days and the same issues are likely to be main topic in the period ahead.
Therefore, to increase the representation of legal entities, we opened a contact center through 00381 11 3112 567, 00381 63 247 244, via the contact form at www.nmadvokati.com/contact, via email communication at: office.nmadvokati@gmail.com and nemanja.milosevic@nmadvokati.com.
Trade. We often face day-to-day due to changing business circumstances or better said, performing activities under non-normal circumstances. In the field of trade in most parts of the countries, there was a need for a different relationship between the buyers and trading companies. Companies needed to rationalize costs and to take the necessary measures to optimize their businesses.
Large number of companies have simplified the procedures and processes of work, with the strong move to online business, more than ever. Customers, on the other side, have opted for targeting and prioritizing buying lists of products. However, there are categories of legal entities, entrepreneurs and small businesses that have not been able to do their jobs at all, or have limited opportunities to do it. Therefore their transition to new business models has been limited.
Serious economic studies show there are good and bad indicators in every branch of the economy. Mostly indicators are conditioned by external circumstances that could not be influenced by legal entities or entrepreneurs. Business owners are faced with the choice between keeping costs down or minimally adjusting and waiting for announced financial support measures by states. Of course we speak about those who can do their business at all. w
While those business owners who are unable to do business at all, are face with issues such as are: loan repayment moratorium (National Bank of Serbia decision), freezing business, etc.
In transport branch we could find companies that have increased their business volume and more significant number of those who have been forced to minimize their business at the moment. There is a similar story in the retail store. We are witnessing that the largest number of shops, small shops, as well as large department stores, market centers and shopping malls are affected by the current situation. On the other hand, business results indicate that a much smaller number of retails, primarily in the pharmaceutical industry, as well as retailing food products, has undergone an expansion under the influence of external market circumstances.
With all the above mentioned issues we have opened a box.dialog and special lines and help links, so we expect you to contact us greatly through the contact form on the website www.nmadvokati.com/contact., direct phone numbers: 00381 11 3112 560, 00381 63 247 244, e-mail: office.nmadvokati@gmail.com, nemanja.milosevic@nmadvokati.com.
by Nemanja MilosevicCOVID-19, THE GREAT PERSPECTIVE OF NM LAW OFFICE.
Separated from last week’s work reports ..
“..It is very important in this days to adhere the most significant values that NM law firm even more prominently set as the most important. Today, when NM attorneys represent the leading and largest law firm in the Republic of Serbia (the Republic of Bosnia and Herzegovina, the Republic of Croatia, the Republic of Slovenia) business leaders such as values keep one firm and their business where they should be. When NM law firm introducing values into company, were asked by others whether they might be doing so because they were: “the most famous law firm” or because NM lawyers in Belgrade were the best lawyer – and other similar things?
However, it turns out that giving preference to an orderly system, with clearly stated goals and values, is a great advantage in business, especially in times of major changes.
This is supported by the statements of clients of attorneys, today, that NM law firm is: “an most important law office “,” An important law office for the Serbian judiciary “,” an important law office for the Balkans “, which is truly a motive.
This is a great obligation for the further development of the business system, based on the best values and postulates of business in the countries of South East Europe and Europe in general.
For NM attorneys, the public relations service. April 2020.
by Nemanja MilosevicNM LAW OFFICE HIRING, ATTORNEY AT LAW.
We have announced recruitment for a very important position of Attorney-Coordinator.
All interested can apply to:
https://poslovi.infostud.com/posao/Advokat-koordinator/Advokat-Nemanja-Milosevic/301266?esource=search&emedium=1&item_index=2
Law Office Attorney, Attorney-Coordinator, Leading Law Firm Belgrade, Leading Law Firm Serbia, See the News.
This position have been announced at Infostud.com web site, too.
by Nemanja MilosevicNM LAW OFFICE LEADING LAW FIRM CELEBRATE THE BEST.
Today, NM Attorneys Law Office and NM Lawyer Regional Attorney’s Office rewards its best members.
It is our great honor to organize the traditional awarding of the best, who have taken on the great job of expressing value and the utmost respect for the Company and its clients, especially from the point of view that they have taken this opportunity.
This year, we deservedly rewarded attorney Diana Dakic and lawyer trainee Stevan Rasic.
Special thanks to the consulting firms Microfinance Consulting Belgrade and Key Solutions Belgrade.
by Nemanja MilosevicTurkish Agriculture. Lawyer Turkey. Turkey and Europe.
Turkish agriculture and cross-border trade in agricultural products (agriculture Turkey) in 2020 establishes stronger relations with the agro-industrial sector of the Balkan countries, Poland (lawyer Poland), Belarus (lawyer Belarus), Russia (lawyer Russia), as well as countries in South America (Brazil lawyer, Argentina lawyer).
Rich agricultural areas in Turkey enable dark-skinned companies with good organization to export their products and work closely with companies from countries interested in buying or selling such products.
Many companies in Turkey plan to improve efficiency by introducing newer standards, increasing profitability and sustainability of production and management processes. In this regard, it is very important to emphasize the importance of connecting local and regional companies in the Central, Southeast and Western European markets with Turkish companies. Creation of regional representative offices and places for receiving and dispatching goods.
In this regard, NM Advocates Regional offers, through their extensive advocacy network, to maximize these potentials and to facilitate easy and rapid flow of goods and capital between regions.
by Nemanja MilosevicProject financing. West Balkan.
We have had the extraordinary honor to spend last Wednesday with our UK business partners. First with the members of the board of directors of the British-Serbian Chamber of Commerce in London, especially the chairman, Mr. David Landsman, the deputy chairman, Mr. Peter Orlic, the executive director, Ms. Jadranka Dervisevic, the finance director, Mr. Igor Orlic.
It is a great honor for us to once again go through with Mr. David Landsman as chairman and board member of this important and influential chamber, all that we have done together in 2019, and to focus on the goals ahead for 2020, as a year in which we expect much good and important for the development of mutual economic activities between the two economies, especially in the aspect of increasing mutual economic exchange and increasing the volume of cash flows between the two countries (loans and investments for enterprises).
We aim to support a large number of companies (exports from the Republic of Serbia) in 2020 that will be able to successfully continue to reach new and larger projects through foreign investments (foreign direct investment) through their projects in the Western Balkans (imports to the Republic of Serbia). targets set for 2020.
We were also greeted on this occasion by the Ambassador of Her Royal Highness, the United Kingdom in the Republic of Serbia, (Ambassador of Britain) Her Excellency Sian MacLeod.